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PARIS — Investigators searched the offices of U.S. streaming giant Netflix in France and the Netherlands on Tuesday as part of a preliminary investigation into tax fraud laundering, a French judicial source said.The French investigation, carried out by the Parquet National Financier - a special financial crime prosecution unit known for pursuing high-stakes white-collar probes that often involve large international companies - was opened in November 2022.
It was not immediately clear what prompted the investigation.Large tech companies offering their online services and subscriptions across borders often run into difficulties with European tax authorities.News website La Lettre reported last year that Netflix's French subsidiary became the subject of scrutiny from tax authorities over its low reported turnover, which the outlet said was at odds with paying user numbers in the country.
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